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Featured

Samsung expects 1,800% leap in quarterly operating profit on AI boom

South Korean technology giant Samsung Electronics forecast on Tuesday a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.

Mbappe condemns racist abuse by Paraguayan senator after World Cup clash

Kylian Mbappe on Monday labelled a Paraguayan senator "despicable" and "not worthy of her position" after she racially abused the France captain on social media after the World Cup last-16 clash between the countries at the weekend.

Last news

Indonesia's coal love affair still aflame despite pledges

Sania sits in front of her home in Indonesia, less than a kilometre from Southeast Asia's biggest coal complex, where chimneys pump dark grey smoke and a chemical smell into the air.

Alaska Airlines to buy Hawaiian Airlines for $1.9 bn

Alaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth biggest carrier if it can attain regulatory approval.

Beyonce's new concert film in 'excellent' N.America opening

Beyonce's new concert film "Renaissance" topped the North American box office in its opening weekend with an estimated take of $21 million, industry watcher Exhibitor Relations reported Sunday.

US Commerce chief warns against China 'threat'

US Commerce Secretary Gina Raimondo on Saturday urged lawmakers, Silicon Valley and US allies to stop China from getting semiconductors and cutting-edge technologies key to national security.

Erdogan weighs in on bank scam involving Turkish stars

President Recep Tayyip on Saturday urged Turks to steer clear of pyramid schemes as a scandal raged at a top bank that allegedly defrauded celebrities and football stars of millions of dollars.

Montreal research hub spearheads global AI ethics debate

Rapid developments in artificial intelligence -- and recent turmoil at industry powerhouse OpenAI -- have brought fresh attention to a key hub of ethics research related to the technology in Montreal, led by Canadian "godfather of AI" Yoshua Bengio.

With outburst, Musk puts X's survival in the balance

Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control.

Argentina's Milei: From rabble-rouser to realist?

Libertarian Javier Milei stormed to election victory with wild promises of uprooting Argentina's political establishment and dramatically overhauling its ailing economy.

World Bank chief says donors, recipients to control new climate fund's resources

Donor countries to an ambitious new climate change fund, along with its recipients, will likely control how its financial resources are spent, World Bank President Ajay Banga said Friday.

Tantric yoga sect guru goes before France judge

The leader of a controversial tantric yoga sect went before a French judge on Friday, sources close to the case said, after he and others were arrested in a probe into alleged kidnapping, rape and people trafficking.

Nazi survivor worries about anti-Semitism in her UK haven

Alexandra Greensted was one of around 10,000 Jewish children rescued from the Nazis' clutches and transported to London, but 84 years on, she is now worried about anti-Semitism in her UK haven.

UK unveils £11 bn windfarm investment by UAE, German firms

UK Prime Minister Rishi Sunak announced Friday plans by UAE state-owned renewables firm Masdar and German energy giant RWE to invest up to £11 billion ($14 billion) in a giant offshore windfarm.

Author denies naming UK royals in 'racism' row

The author at the centre of renewed racism claims against Britain's royal family has denied naming members alleged to have asked about the skin colour of Prince Harry's son.

Pfizer to rethink weight loss pill after high side effect rate

US drugmaker Pfizer on Friday said it would end a clinical trial of its developmental weight loss pill after high side effect rates caused most participants to stop using it.

Olympic chief 'very satisfied' with Paris 2024 Village

Olympic chief Thomas Bach said he was "very satisfied" with the state of preparations for the Olympic Village of the Paris 2024 Summer Games after a visit to the new build north of the French capital on Friday.

Designer Matthew Williams leaves Givenchy

Fashion designer Matthew Williams is leaving Givenchy after three years as creative director, the French luxury brand announced Friday, in the latest shake-up at the top of the luxury business.

British train drivers set to continue pay strike

Train drivers belonging to Britain's Aslef union on Friday voted to continue strike action for the next six months in a long-running dispute over pay that has caused chaos on the country's rail network.

Stocks mixed tracking cooler inflation, weak growth

European stock markets rose Friday after Asian indices closed mixed, with a cooler inflation environment offset by recession risks.

UK's HS2: trying to bridge the gap between cost and ambition

The unfinished Colne Valley Viaduct traces a gentle curve over several lakes northwest of London, a picturesque symbol that belies the ugly debate over the ambitious but expensive HS2 train line.

US judge halts pending TikTok ban in Montana

A federal judge on Thursday temporarily blocked a ban on TikTok set to come into effect next year in Montana, saying the popular video sharing app was likely to win its pending legal challenge.

After success abroad, Saudi designers hit the runway at home

Couturier Adnan Akbar's past clients included Princess Diana and two French first ladies, but until recently he had never staged a major fashion show in his native Saudi Arabia.

Canadian mining firm seeks to suspend 7,000 workers in Panama

Canadian firm First Quantum Minerals on Thursday asked Panama's government to suspend the contracts of some 7,000 workers at Central America's biggest copper mine, due to be closed under a court ruling.

Giddy Musk unveils Cybertruck in Tesla's latest defiant bet

Tesla began customer deliveries of the Cybertruck on Thursday, bringing to fruition an Elon Musk passion project that the billionaire boasts is stronger than bullets and faster than a Porsche.

Celebrated US photographer Elliott Erwitt dead at 95

US photographer Elliott Erwitt, renowned for capturing the lighter side of his subjects, their canine companions and celebrities, has died aged 95, the Magnum agency where he was a mainstay said Thursday.

OPEC+ slashes oil output further to boost flagging prices

Major oil-producing nations Saudi Arabia and Russia on Thursday announced they would further slash production in an effort to prop up volatile prices following an OPEC+ meeting.

Royals mull response after names revealed in Harry and Meghan 'racism' row

Buckingham Palace is considering its next move after a British TV host named two royals who allegedly raised concerns about the skin colour of Prince Harry's son, a royal source said Thursday.

Falling inflation gives equities a boost

A drop in inflation in Europe and the United States sent stocks climbing on Thursday, boosting expectations that the US Fed and ECB may be able to soon cut interest rates, although profit-taking set in on Wall Street.

OPEC+ mulls further output cuts to boost flagging prices

Major oil-producing nations led by Riyadh and Moscow were moving towards an agreement to further slash production to prop up volatile prices, a source close to the negotiations told AFP.

Falling inflation fuels rise in stocks

A drop in inflation in Europe and the United States sent stocks climbing on Thursday, boosting expectations that the US Fed and ECB may be able to soon cut interest rates.

US Fed's favored inflation gauge slows in October

A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices, according to government data published Thursday.

UK's RMT union members accept pay deal to end long-running rail strikes

The RMT rail union on Thursday said its members have voted in favour of a pay deal to end more than a year of walkouts on the UK's strike-plagued rail network.

Intense talks as OPEC+ meets to decide over output amid tumbling prices

Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices.

Volkswacht Bodensee - Economy (English)